Microeconomic Theory for the Social Sciences

By Takashi Hayashi

Part I: Individual Choice

1: On the concept of "rationality" in economics

2: Choice objects and choice opportunities

3: Preference

4: So-called utility function

5: Choice and demand

6: Demand analysis

7: Willingness to pay and consumer surplus

8: Intertemporal choice

9: Choice under risk

10: Revealed preference

Part II: Perfectly Competitive and Complete Market with Complete Information

11: Perfectly competitive and complete market with complete information

12: Competitive equilibrium in exchange economies

13: Efficiency of competitive allocation

14: Production technology

15: Profit maximization and cost minimization

16: Cost curve and competitive supply

17: Competitive equilibrium in production economies

18: Partial equilibrium analysis

Part III: Imperfect competition and game theory

19: Monopoly

20: Basic game theory I: normal-form games

21: Basic game theory II: extensive-form games

22: Oligopoly

Part IV: Economic Analysis with Incomplete Information

23: Basic game theory III: games with incomplete information

24: Auction

25: Trade with incomplete information

Part V: Market Failure and Normative Economic Analysis

26: Externality

27: Public goods and the free-rider problem

28: Indivisibility and heterogeneity

29: Efficiency, welfare comparison and fairness

30: Aggregation of preferences and social choice

31: Implementability of social choice objectives

Postscripts

Solutions to the exercises

• Format: Paperback
• Language: English
• ISBN: 9811635404
• ISBN13: 9789811635403
• Release Date: July 2021
• Publisher: Springer
• Length: 543 Pages
• Weight: 1.73 lbs.
• Dimensions: 1.1" x 6.1" x 9.2"